Sri Lanka rupee hits record low of 175.90 on political uncertainty - sources

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COLOMBO, Nov 12 (Reuters) - The Sri Lankan rupee fell to a record low on Monday, as political uncertainty triggered by President Maithripala Sirisena’s decision to sack parliament weighed on sentiment, in line with bonds, market sources said.

The island nation’s dollar-denominated bonds tumbled on Monday with the 2020 issue falling as much as 2.7 cents to 94.98 cents, its lowest level since at least January 2017, with bid yields soaring to record levels of more than 9 percent, according to Refinitiv Eikon data. (Reporting by Shihar Aneez; Editing by Clarence Fernandez)